Down The Drain
Written on Jun 30th, 2010
If Chicken Little were here, he might be staring up at the sky, wondering just how much longer it would be until he could tell everyone he told them so. Without a doubt, the last few weeks in the stock market have been pretty brutal. While the markets have made small gains over the last year, the last few weeks have seen the destruction of most of that value. In fact, the TSX had its worst quarter since the 2008 meltdown. I know most of my investments are down about 6 or 7% in the last month, which is something I’ve gotten used to over the last few years. Thankfully I’m a buy and hold type guy, but I imagine a lot of people are beginning to seriously think about pulling out in case there’s a big plunge. And you can’t really blame them. We currently have a lot of […]
